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U.S. markets news

Wendy's Selling 640 Restaurants and Bakery
Wendy's announced late Wednesday afternoon that they decided to sell 640 company-owned restaurants located throughout the United States and Canada, as well as their bakery in Zanesville, Ohio.
Stocks finish weaker; Wendy's selling 640 restaurants; Oculus Rift ...  cleveland.com
Wendy's selling 640 restaurants  13WHAM-TV
Seeking Alpha  
Hedge fund manager Loeb takes aim at 'Oracle of Omaha' Buffett
LAS VEGAS (Reuters) - Hedge fund mogul Daniel Loeb on Wednesday took aim at the "Oracle of Omaha," calling beloved billionaire Warren Buffett a hypocrite.
Mogul Dan Loeb unloads on Warren Buffett  New York Post
Daniel Loeb Strikes Back Against Buffett's Criticism of Hedge Funds  New York Times
Tesla Battery Factory Runs Ahead of Plan to Power Cars, Homes
Of all the good news Tesla Motors Inc. showered on investors Wednesday, progress at the battery factory it's building in Sparks, Nevada, may have been the most important, since its output will power the company's autos and its new line of stationary storage ...
Tesla's first acquisition moves it closer to Detroit  Quartz
Tesla's first acqusition is a Michigan auto parts maker  Engadget
Whole Foods to launch lower-cost chain
Whole Foods is gearing up to open a new, lower-cost chain of stores next year aimed at younger shoppers. The new chain will cost less to operate, but be "hip, cool, and technology-oriented," CEO John Mackey said on a conference call.
Eight things you may have missed Wednesday from the world of business  Boston Globe (subscription)
Whole Foods Market to Open Newest Store in University Place on May 7  southsoundtalk.com
Asia slides, euro at two-month peak as global bond rout rattles markets
TOKYO (Reuters) - Asian stocks fell on Thursday, taking the lead from losses on Wall Street, while a rise in euro zone debt yields amid a global bond rout kept the euro hovering at a two-month peak versus the dollar.
Asian markets are getting slammed  Business Insider
Asian shares slip, euro hovers at 2-month peak amid global bond rout  Livemint
Alexion Puts Its Soaring Stock Price to Good Use
Alexion Pharmaceuticals is putting its high-flying stock to good use. The drugmaker's $8.4 billion offer for its rival Synageva BioPharma includes an astonishing 136 percent premium.
Alexion to buy Synageva for $8.4B  The Providence Journal
Biotech blastoff: Synageva up 112% on $8B Alexion deal  USA TODAY
Stocks drop on weak jobs data, jitters over Yellen comments
TOKYO (AP) - Asian markets drooped Thursday after comments from the U.S. Federal Reserve chief fanned fears about the American economy and sent Wall Street lower.
US Fed concerned over debt market investors' excessive risks  Economic Times
Fed sees market values as high  Fort Wayne Journal Gazette
Zynga's new game: cut costs, jobs
AUSTERITY DRIVE: Zynga said it has boosted its bookings for games, especially for mobile, which now represents 63% of bookings and is up 84% from a year ago.
Zynga's newly reinstated CEO cutting over 350 jobs  New York Post
Zynga founder Mark Pincus to cut 18% of jobs after return as CEO  Livemint
Germanwings Co-Pilot May Have Practiced on Another Flight
Andreas Lubitz, who suffered from depression, rehearsed controlled descent settings on earlier flight, investigators said. 1:56 | 05/06/15.
Alps crash co-pilot 'practised descent'  Irish Examiner
Investigators: Germanwings co-pilot practiced plane descents just hours ...  Minneapolis Star Tribune
Google's plans for a massive, futuristic new headquarters get derailed by LinkedIn
Google's search for a place to build its giant and oddly mysterious glass utopia will have to be somewhere else than Mountain View's North Bayshore district.
Google's loss is LinkedIn's gain as Mountain View reshapes tech district  Santa Cruz Sentinel